
Invoitix EUR Asset-Backed 2 Years
IVX_EUR
Website: app.obligate.com/
Asset classes
Issuer Invoitix
Regulation Swiss DLT Act and Articles 973d of the Swiss Code of Obligations
Location Haselstrasse 1, 5400 Baden, Switzerland
Metrics
Price Not available
Assets Under Management $ 3,000,000
As of Jan. 27, 2025
Description
The Invoitix EUR Asset-Backed eNote is a secured debt instrument issued by Invoitix AG, a logistics financing company headquartered in Switzerland. This eNote is represented as ERC-20 tokens, fully compliant with the CMTAT (Capital Markets and Technology Association Token) standard, and available on the Polygon blockchain.
The issuance offers a 2-year maturity with an annual yield of 6.5%, denominated in euros. Subscriptions are exclusively open to professional and qualified investors through the Obligate platform.
Structured under Articles 973d et seq. of the Swiss Code of Obligations, the eNote adheres to the Distributed Ledger Technology (DLT) Act in Switzerland, ensuring robust legal compliance and transparency.
The issuance represents a secured debt note, each unit denominated at €100,000, with quarterly coupon payments in EUROe stablecoin.
Proceeds raised by Invoitix AG are invested in a highly diversified pool of credit-insured invoice receivables, primarily supporting SMEs in the European road logistics market. These investments are backed by a loan-to-value (LTV) ratio of 90%, secured by credit insurance and supported by Invoitix's proprietary digital invoicing platform.